1d ago
By Nik Nurfaqih Nik Wil
JAKARTA, June 13 (Bernama) -- Indonesia's decision to raise the BI-Rate and increase non-subsidised fuel prices within days highlights the government's effort to support the rupiah and ease fiscal pressures, although the measures are expected to add pressure on households and businesses, analysts say.
1d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, June 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is likely to maintain a constructive near-term outlook, supported by easing geopolitical concerns, improving global risk sentiment, and a relatively stable domestic macroeconomic environment.
1d ago
KUALA LUMPUR, June 13 (Bernama) -- Bursa Malaysia is expected to trade range-bound with a neutral bias as investors assess geopolitical developments and key economic data releases from major economies.
1d ago
KUALA LUMPUR, June 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as investors monitor developments in the West Asia conflict.
2d ago
KUALA LUMPUR, June 12 (Bernama) -- Malaysia’s distributive trade growth is expected to hit 6.1 per cent in 2026, compared with 5.6 per cent in 2025, following stronger-than-expected performance this year driven by wholesale stockpiling, higher petroleum-related prices and a recovery in motor vehicle sales.
2d ago
KUALA LUMPUR, June 12 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has revised Malaysia’s 2026 Industrial Production Index (IPI) growth forecast upward to 4.9 per cent from 4.1 per cent.
2d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, June 12 (Bernama) -- The ringgit extended its gains on Friday, closing higher against the US dollar as uncertainty surrounding the conflict in West Asia weighed on the greenback.
2d ago
KUALA LUMPUR, June 12 (Bernama) -- Pyxis Group, a global advisory firm, together with its joint venture partner Principia Consulting, announced a strategic partnership with CommodityAI, the agentic artificial intelligence (AI) platform purpose-built for physical commodity operations.
2d ago
KUALA LUMPUR, June 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) is raising its calendar year 2026 (CY2026) crude palm oil (CPO) price forecast by four per cent to RM4,400 per tonne from RM4,250 per tonne, citing the El Niño phenomenon.
2d ago
KUALA LUMPUR, June 12 (Bernama) -- Malaysia's manufacturing sales value rose 9.1 per cent year-on-year (y-o-y) to RM175.0 billion in April 2026, according to the Department of Statistics Malaysia (DOSM).
2d ago
KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia ended the morning session in positive territory as investors' risk appetite improved following the strong overnight rebound on Wall Street.
2d ago
KUALA LUMPUR, June 12 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to Hong Kong’s SAIC Motor Insurance Limited (SAIC Captive).